Date: 07/10/2000 3:12 AM
Subject: Rule S7-24-99
On Mon Jul 10 03:12:56 2000,
The following information was submitted:
Host: 24.26.152.25
submit_by = btobin@columbus.rr.com
Name = Bruce S Tobin
Professional_Affiliation = Investor
Subject = Short Sales (Release No. 34-42037; File No. S7-24-99)
Comments = A number of OTCBB stocks I hold have been subject to really blatant
market maker manipulation. This has not cost me money personally, as I have
taken advantage of the artificially low prices created by manipulation to "load
up" on the stocks in question, but I believe that less sophisticated investors
have suffered greatly as a result. Rules prohibiting naked shorting by market
makers, and full disclosure of any short positions, can only help the average
investor.